The Change in Total Output Resulting from a One-Unit Increase

question 7

Multiple Choice

The change in total output resulting from a one-unit increase in the quantity of an input used,holding the quantities of all other inputs constant,is:

• A)average cost.
• B)average product.
• C)marginal cost.
• D)marginal product.

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Definitions:

Excluded

To be deliberately left out or denied access to a group or activity.

Rejected

The state of being dismissed or turned down.

Ancient Greece

A civilization that flourished in the Mediterranean region from around the 8th century BC to the end of antiquity, influential in the fields of philosophy, science, politics, and the arts.

Ostracism

The act of excluding or ignoring someone from a group or society, leading to feelings of isolation.